Dutch survey company Fugro has opened a new office South Korea, dubbed ‘Fugro UST21’, as part of a joint venture with South Korean marine technology company UST21.Based in Incheon, the new office will provide geo-data solutions for South Korea’s growing offshore renewable energy sector…
Italian cable maker and installation services provider Prysmian Group has secured three contracts with German transmission system operator Amprion worth around $5 billion, for two offshore grid connection systems - BalWin1 and BalWin2 - and the underground cable project DC34…
Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America.Under the contract, DeepOcean will plan and execute a wide range of subsea activities…
Norwegian offshore seismic survey firm PGS has secured an offshore wind site characterization contract in Europe.The project will be acquired with PGS' ultra-high-resolution 3D (UHR3D) streamer. According to the company, UHR3D streamer provides…
Global energy and marine consultancy ABL has finalized the marine warranty survey scope in connection with the successful installation of Germany’s Ostsee Anbindungsleitung (OAL) subsea pipeline, with the first gas feed-in expected imminently…
Oilfield services provider Expro has entered into a definitive agreement to acquire well integrity and production optimization company Coretrax from an investment group led by Buckthorn Partners for $210 million.Subject to customary closing conditions and working capital adjustments…
Norwegian company Reach Subsea has made charter agreements for two vessels to meet the increasing demand in the subsea services market.Reach Subsea has expanded its capacity by securing charters for both the Northern Maria and Olympic Taurus vessels…
Swedish marine energy company Minesto has reached a key milestone with the delivery of first electricity to Faroe Island’s grid from its 1.2MW utility-scale Dragon 12 tidal energy device.In the early morning of February 9, the Dragon 12 device…
China National Offshore Oil Corporation (CNOOC) has put into operation the first domestically developed subsea Xmas tree.CNOOC’s subsea Xmas tree is 3.5 meters long, 3.2 meters wide and 3 meters high, with an overall weight of nearly 22 tons…
CRP Subsea, an AIS company, has been awarded a ‘sizable’ contract from a major engineering, procurement, construction and installation (EPCI) company for ultra-deepwater oilfield development in the U.S. Gulf of Mexico.The contract entails the…
The U.S. Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Innovation Fund Denmark have announced an intention to release a $4.2 million funding opportunity to advance floating offshore wind energy systems.The announcement…
Swedish tidal energy company Minesto has secured a $267,000 grant (SEK 2.8 million) from the Swedish Energy Agency to upgrade its mooring system.The grant will support the development and testing of the next generation mooring system by co-funding…
DNV has published a substantial revision to the ‘go-to standard’, DNV-ST-N001, for the design and planning of marine operations for the transport, installation and removal of offshore wind farms, subsea cables and oil and gas assets.The new…
Norwegian marine seismic services firm Shearwater GeoServices has been contracted by the Oil and Natural Gas Corporation (ONGC) for a 3D seismic survey project in the Cauvery Basin, located off the east coast of India.This is another contract awarded recently by ONGC to Shearwater…
Seaway 7 and Dong Fang Offshore have signed a memorandum of understanding (MoU) outlining their intention to collaborate in offshore wind market in Taiwan, with a focus on cable installation.The collaboration will focus on developing a robust…
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